Business & Finance
Business and Finance
Business and Finance 
Tue, December 2, 2008
Mon, December 1, 2008
LISLE, Ill.--([ BUSINESS WIRE ])--[ Claymore/Guggenheim Strategic Opportunities Fund ] (NYSE: [ GOF ]) (the "Fund"), a diversified closed-end management investment company, has declared its monthly dividend of $0.154 per share. This represents an annualized distribution rate of 18.21% based upon the last closing market price of $10.15 as of November 28, 2008.
Since the Fund's inception on July 26, 2007, through November 30, 2008, the Fund generated an average annual total return, including reinvestment of dividends, of -21.09% based on net asset value ("NAV") and -32.60% based on market price. The Fund's one year total return, as of November 30, 2008, was -29.36% based on NAV and -31.72% based on market price. Performance data quoted represents past performance, which is no guarantee of future results, and current performance may be lower or higher than the figures shown.
The Fund's investment objective is to maximize total return through a combination of current income and capital appreciation. The Fund will seek to achieve its investment objective by investing in a wide range of fixed-income and other debt and senior equity securities.
The December 2008 dividend will be paid on December 31, 2008 to shareholders of record as of December 15, 2008 with an ex-dividend date of December 11, 2008. If it is determined that a notification is required, pursuant to Section 19(a) of the Investment Company Act of 1940, as amended, such notice will be posted to the Fund's website after the close of business three business days prior to the payable date. If a distribution rate is largely comprised of sources other than income, it may not be reflective of the Fund's performance.
[ Guggenheim Partners Asset Management, Inc ]., an affiliate of Guggenheim Partners, LLC ("Guggenheim"), serves as the Fund's Sub-Adviser. Guggenheim is a diversified financial services firm with wealth management, capital markets, investment management and proprietary investing businesses, whose clients are an elite mix of individuals, family offices, endowments, foundations, insurance companies and other institutions that have entrusted Guggenheim with the supervision of more than $100 billion of assets.
Claymore Advisors, LLC (an affiliate of [ Claymore Securities, Inc. ]) serves as the Fund's Investment Adviser. Based in Lisle, Illinois, [ Claymore Securities, Inc. ] is a privately-held financial services company offering unique investment solutions for financial advisors and their valued clients. Claymore entities have provided supervision, management, servicing and/or distribution on approximately $13.8 billion in assets, as of September 30, 2008. Claymore currently offers closed-end funds, unit investment trusts and exchange-traded funds. Registered investment products are sold by prospectus only and investors should read the prospectus carefully before investing. Additional information on Claymore's closed-end funds is available at [ www.claymore.com/CEFs ].
This information does not represent an offer to sell securities of the Fund and it is not soliciting an offer to buy securities of the Fund. There can be no assurance that the Fund will achieve its investment objectives. Past performance does not guarantee future results. The value of any closed-end fund will fluctuate with the value of the underlying securities. Historically, closed-end funds often trade at a discount to their net asset value. An investment in the Fund is subject to certain risks and other considerations, including, but not limited to: Below Investment-Grade Securities Risk; Senior and Second Lien Secured Loans Risk; Structured Finance Investments Risk; Mezzanine Investments Risk; Preferred Stock Risk; Convertible Securities Risk; Equity Risk; Options Risk; Real Estate Securities Risk; Personal Property Asset Companies Risk; Private Securities Risk; Private Investment Funds Risk; Inflation/Deflation Risk; Market Discount Risk; Dividend Risk; Derivative Transactions Risk; Portfolio Turnover Risk; Temporary Defensive Investments; Current Developments Risk and Foreign Securities Risk.
Investors should consider the investment objectives and policies, risk considerations, charges and expenses of the Fund carefully before they invest. For this and more information, please contact a securities representative or Claymore Securities, Inc., 2455 Corporate West Drive, Lisle, Illinois 60532, 800-345-7999.
Member FINRA/SIPC (12/08)
NOT FDIC-INSURED | NOT BANK-GUARANTEED | MAY LOSE VALUE